RHI Magnesita: Brick by brick consolidation

By Davide Ghilotti
Published: Thursday, 14 December 2017

The merger between RHI and Magnesita ‘makes sense’ because the refractory industry tends toward consolidation, while raw material shortages in China may lead supply to diversify elsewhere, according to the new company’s chief executive officer, Stefan Borgas.

As he oversaw the final steps of the merger between two of the largest participants in the global refractories industry, Stefan Borgas, chief executive officer of RHI Magnesita, was adamant that this was just the beginning.

"The industry should have strong players. We support the creation of bigger entities, rather...

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